New York, April 19 – JPMorgan Chase Financial Co. LLC priced $10.61 million of 0% autocallable buffered return enhanced notes due Feb. 20, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called automatically at a premium of 9% if the index closes at or above its initial value on Feb. 27, 2025.
If the index gains, the payout at maturity will be par plus 147% of the index return.
Investors will receive par if the index declines by no more than 15% and will lose 1.17647% for every 1% that the index declines beyond 15%.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Autocallable buffered return enhanced notes
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Underlying index: | S&P 500 index
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Amount: | $10.61 million
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Maturity: | Feb. 20, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index gains, par plus 147% of index return; par if index declines by no more than 15%; otherwise, 1.17647% loss for every 1% that index declines beyond 15%
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Call: | Automatically at a premium of 9% if the index closes at or above its initial value on Feb. 27, 2025
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Initial level: | 5,029.73
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Upside leverage: | 147%
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Buffer: | 15%
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Strike date: | Feb. 15
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Pricing date: | Feb. 16
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Settlement date: | Feb. 22
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Agent: | J.P. Morgan Securities LLC
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Fees: | 1.5%
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Cusip: | 48134WMU8
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